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20130115
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
the clinton administration after the u.s. joined the wpa, but the very controversial farm bill passed. that is the legislation to completely get away with the remaining new deal protections. it deregulated what was our to begun in the 1950s, except all government intervention had eliminated all of the final vestiges of the programs like the grain reserve in the most immediate result after that bill passed, you might remember it, it was called freedom to farm. farmers quickly started calling it their bill. it was the dramatic increase in the production of commodities. because all of the programs that have kept them out of production were now being planned and so by 1999, the price of corn was 50% above 1996 levels. i'm sorry, 50% below 1996 levels. and corn was down 41%. farmers were in economic distress. it was all sorts of pressure on congress to do something. food industry lobbying meant that the policymakers reinstated some supply management and instead congress used taxpayer money to keep farmers afloat so they wouldn't be putting pressure in rural areas on the members of congress
was talking about to manage overproduction. it was during the clinton administration after the u.s. joined the wto that the very controversial 1996 farm bill passed. and that is the legislation that completely did away with the remaining new deal protections, and it deregulated what had already begun in the 1950. it stopped all government intervention in commodity markets, it eliminated all the final vestages of the programs like the grain reserve. and the most immediate result after that bill passed, you may remember it those of you who are old enough, it was called freedom to farm. farmers quickly started calling it freedom to fail. the most immediate result of the legislation was the dramatic increase in the production of commodities, because all of the programs that had kept the marginal land out of production which is really good for the environment were now being planted from fence row to fence row. so by 1999 the price of corn was 50% above 1996 levels. i'm sorry, 50% below 1996 levels, and soy was down 41%. and farmers were in really major economic distress. is so there was all sor
house. [laughter] with hillary clinton, until the end of her campaign, there was not a sense of how she could bring her history to bear. it was very much a restoration ist campaign. he fell if you are going to get the clinton administration part 3. -- you felt as if you were going to get the clinton administration part 3. if you feel it was such a crisis and panic at that time as many say it was coming out of the calamitous bush administration into the tar, bringing in a team of rivals as obama talked about, all you had was larry summers and tim geithner. both of them have their control over the policies that led to the crisis. in my mind, that opened the door to the tea party. it opened the door to right-wing populism. people saw in this white house favoritism towards goldman sachs and the banks. the problem was the left populism has not emerged until now. for too long, many felt with the bomb in the white house that things would be sorted out. that is where movements become important. every administration in modern times has had to deal with insurgency's or movements on its left and r
Search Results 0 to 3 of about 4 (some duplicates have been removed)